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Business Scoop » Rise In Imports Sees Current Account Deficit Widen

Press Release – Statistics New Zealand New Zealands seasonally adjusted current account deficit widened by $1.6 billion to $2.1 billion in the December 2020 quarter, Stats NZ said today. The widening of the quarterly deficit was driven by a rise in goods imports and a fall in services … New Zealand’s seasonally adjusted current account deficit widened by $1.6 billion to $2.1 billion in the December 2020 quarter, Stats NZ said today. “The widening of the quarterly deficit was driven by a rise in goods imports and a fall in services exports, which includes spending by overseas visitors in New Zealand,” international statistics senior manager Darren Allan said.

A year into the pandemic, almost 55 percent of employees are working partially or exclusively from the office

About 55 percent of employees who responded to a survey initiated by Genesis Property say they are working partially (17.3 percent) or exclusively (37.4 percent) from the company’s headquarters. Almost 41 percent of respondents are satisfied with their current way of working, considering that 4 in 10 claim their office is now safer than at the beginning of the pandemic, according to the survey conducted by one of the most important class A office developers in Romania. Officially declared in March 2020, the pandemic brought major changes to the employees’ way of working all over the world. After one year, optimism is slowly returning among Romanian employees as an increased number of measures are being implemented to improve safety in the workplace. Along with the vaccination campaign being in full progress, for 32.4 percent, the vaccine brings hope that things will return to normal when a critical mass of immunization is reached, while 40.9 percent say they have managed to fi

NZ s current account deficit widen over rise in imports

NZ s current account deficit widen over rise in imports ​ By IANS | Published on ​ Wed, Mar 17 2021 10:51 IST | ​ 2 Views Trade. (File Photo: IANS). Image Source: IANS News Wellington, March 17 : New Zealand s current account deficit widened by 1.6 billion NZ dollars ($1.15 billion) to 2.1 billion NZ dollars in the December 2020 quarter, the statistics department Stats NZ said on Wednesday. The widening of the quarterly deficit was driven by a rise in goods imports and a fall in services exports, which includes spending by overseas visitors in New Zealand, international statistics senior manager Darren Allan said in a statement. Imports of crude oil and motor cars fell sharply early in 2020, following Covid travel restrictions, but those imports have since partially risen towards pre-Covid levels, Allan said.

New Zealand s current account deficit widen over rise in imports - World News

New Zealand s current account deficit widen over rise in imports - World News
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